Prices likely to remain volatile as bloc lessens its dependence on Russian energy, analysts warn
Natural gasThe EU has hit its gas storage target more than two months ahead of schedule, but analysts warn that a cold winter could lead to volatile prices and Europe scrambling for energy.figures updatedThat meant they passed the 90 per cent threshold the EU had set for November 1 as it loosens its reliance on Russian energy to see it through the coldest months of the year. The figure was also the highest level for this time of year since 2016, when records began, said GIE.
The price of TTF futures, the European gas benchmark, fell 2.5 per cent on Friday but remained at elevated levels as analysts warned that high inventories in summer could quickly be depleted in the colder months.
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